GRUPO AEROPORT-B (G7AB.SG)
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection H… Read more
GRUPO AEROPORT-B (G7AB.SG) (G7AB) - Net Assets
Latest net assets as of September 2025: €10.22 Billion EUR
Based on the latest financial reports, GRUPO AEROPORT-B (G7AB.SG) (G7AB) has net assets worth €10.22 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€31.77 Billion) and total liabilities (€21.55 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €10.22 Billion |
| % of Total Assets | 32.17% |
| Annual Growth Rate | 5.86% |
| 5-Year Change | -2.6% |
| 10-Year Change | N/A |
| Growth Volatility | 12.42 |
GRUPO AEROPORT-B (G7AB.SG) - Net Assets Trend (2016–2024)
This chart illustrates how GRUPO AEROPORT-B (G7AB.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GRUPO AEROPORT-B (G7AB.SG) (2016–2024)
The table below shows the annual net assets of GRUPO AEROPORT-B (G7AB.SG) from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €10.54 Billion | +7.17% |
| 2023-12-31 | €9.84 Billion | +15.01% |
| 2022-12-31 | €8.55 Billion | -23.88% |
| 2021-12-31 | €11.24 Billion | +3.81% |
| 2020-12-31 | €10.83 Billion | +9.49% |
| 2019-12-31 | €9.89 Billion | +16.16% |
| 2018-12-31 | €8.51 Billion | +17.74% |
| 2017-12-31 | €7.23 Billion | +8.11% |
| 2016-12-31 | €6.69 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GRUPO AEROPORT-B (G7AB.SG)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 76.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €8.55 Billion | 82.33% |
| Other Components | €1.83 Billion | 17.67% |
| Total Equity | €10.38 Billion | 100.00% |
GRUPO AEROPORT-B (G7AB.SG) Competitors by Market Cap
The table below lists competitors of GRUPO AEROPORT-B (G7AB.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CCOOP Group Co Ltd
SHE:000564
|
$3.83 Billion |
|
Amlogic Shanghai Co Ltd
SHG:688099
|
$3.83 Billion |
|
Banque Cantonale Vaudoise
SW:BCVN
|
$3.84 Billion |
|
Britvic plc
OTCQX:BTVCF
|
$3.84 Billion |
|
Parkland Fuel Corporation
TO:PKI
|
$3.83 Billion |
|
Cousins Properties Incorporated
NYSE:CUZ
|
$3.83 Billion |
|
The Brink's Company
F:PTY
|
$3.83 Billion |
|
Addtech
LSE:0QI7
|
$3.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GRUPO AEROPORT-B (G7AB.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,670,459,000 to 10,384,774,000, a change of 714,315,000 (7.4%).
- Net income of 4,928,804,000 contributed positively to equity growth.
- Dividend payments of 4,220,653,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.93 Billion | +47.46% |
| Dividends Paid | €4.22 Billion | -40.64% |
| Other Changes | €6.16 Million | +0.06% |
| Total Change | €- | 7.39% |
Book Value vs Market Value Analysis
This analysis compares GRUPO AEROPORT-B (G7AB.SG)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.41x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.62x to 0.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €17.97 | €11.10 | x |
| 2018-12-31 | €21.22 | €11.10 | x |
| 2019-12-31 | €24.83 | €11.10 | x |
| 2020-12-31 | €27.30 | €11.10 | x |
| 2021-12-31 | €28.63 | €11.10 | x |
| 2022-12-31 | €21.67 | €11.10 | x |
| 2023-12-31 | €25.04 | €11.10 | x |
| 2024-12-31 | €26.89 | €11.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GRUPO AEROPORT-B (G7AB.SG) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 47.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.70%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 2.62x
- Recent ROE (47.46%) is above the historical average (34.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 28.53% | 33.70% | 0.41x | 2.07x | €1.21 Billion |
| 2017 | 30.09% | 29.84% | 0.50x | 2.01x | €1.42 Billion |
| 2018 | 34.17% | 36.07% | 0.51x | 1.87x | €2.02 Billion |
| 2019 | 33.14% | 37.76% | 0.49x | 1.78x | €2.25 Billion |
| 2020 | 10.28% | 20.39% | 0.30x | 1.71x | €29.32 Million |
| 2021 | 25.84% | 32.77% | 0.38x | 2.07x | €1.75 Billion |
| 2022 | 46.61% | 32.69% | 0.52x | 2.76x | €3.06 Billion |
| 2023 | 51.83% | 34.67% | 0.57x | 2.61x | €4.04 Billion |
| 2024 | 47.46% | 32.70% | 0.55x | 2.62x | €3.89 Billion |
Industry Comparison
This section compares GRUPO AEROPORT-B (G7AB.SG)'s net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $10,123,279,333
- Average return on equity (ROE) among peers: 11.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GRUPO AEROPORT-B (G7AB.SG) (G7AB) | €10.22 Billion | 28.53% | 2.11x | $3.83 Billion |
| Aeroporto Guglielmo Marconi di Bologna S.p.A (169) | $164.54 Million | -8.26% | 0.80x | $60.79 Million |
| Skymark Airlines Inc. (7SA) | $27.12 Billion | 7.91% | 2.83x | $52.42 Million |
| Københavns Lufthavne A/S (KLH) | $3.09 Billion | 35.81% | 3.20x | $4.17 Billion |